Sacramento Short Sales & MORE $$$ for Home Buyers

June 26th, 2009 categories: Sacramento Real Estate Videos

Once the moratorium is over in California, Foreclosures will once again be KING unless and until the banks figure out that they are far better off with Short Sales.

However, Short Sales are plentiful. With Wachovia, now Bank of America has been working on streamlining the Short Sale process. This is GOOD news as it has been an antiquated system to say the least.

We need to have an ESTABLISHED procedure for ALL Short Sale including how the listing agents are handling them.

Hopefully, more banks will get on-board and get this coveted on-line system for Short Sales.

As a Real Estate Broker representing both home buyers and Short Sale Sellers, I welcome the new Short Sale procedure! Now, if we could get agents to adopt the same procedure…what a gift that would be.

If Congress passes the NEW bill for home buyer tax credit, this will be quite a coo for home buyers. How does $15,000 sound to you?

Not only is the added money a thrill but more importantly a change in the income requirement will be in my opinion a definite push in the right direction for real estate and the recovery.

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and read what other home buyers and home sellers have asked Gena Riede, Sacramento Realtor ® specializing in Short Sales and feel free to ask your Real Estate question by email. Perhaps, your question will be part of the next article featured on Sacramento REAL Estate

This entry was posted on Friday, June 26th, 2009 at 5:30 am and is filed under Sacramento Real Estate Videos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Seti@wan Dirgant@Ra said at June 27th, 2009 at 12:54 am
Hi,…. Happy nice day.
Thanks for sharing. Nice post.
Gena Riede said at June 29th, 2009 at 2:45 pm
You came from very far away to read up on Short Sales. Glad you liked it.
Guy W. said at March 14th, 2010 at 9:09 pm
I can’t believe all this b.s. is actually happening. Between the Dems trying to squeeze healthcare through and the pending commercial real estate meltdown, it’s a wonder they expect us to make any living at all.